Telesz Scott E 4

4 · PRAXAIR INC · Filed Feb 28, 2018

Form 4

Period: 2018-02-26

Executive Vice President

Transactions

Exercise/Conversion
Common Stock
[F1][F2]
2018-02-26+2,670→ 48,892 total
Tax Payment
Common Stock
[F3][F2]
2018-02-26$155.62/sh−1,128$175,539→ 47,764 total
Award
Performance Share Units
[F4]
2018-02-26+2,670→ 2,670 total
Exercise: $0.00→ Common Stock (2,670 underlying)
Exercise/Conversion
Performance Share Units
[F4]
2018-02-26−2,670→ 0 total
→ Common Stock (2,670 underlying)
Award
Deferred Stock
[F8][F9]
2018-02-27+113.554→ 1,078.314 total
Exercise: $0.00→ Common Stock (1,078.314 underlying)

Holdings

Common Stock
(indirect: By Trust)
2,430
Common Stock
(indirect: By Trust)
67
Stock Option (right to buy)
[F5]
Exercise: $109.68From: 2013-02-28Exp: 2022-02-28→ Common Stock (43,005 underlying)
43,005
Stock Option (right to buy)
[F5]
Exercise: $110.58From: 2014-02-26Exp: 2023-02-26→ Common Stock (35,220 underlying)
35,220
Stock Option (right to buy)
[F5]
Exercise: $128.80From: 2015-02-25Exp: 2024-02-25→ Common Stock (37,305 underlying)
37,305
Stock Option (right to buy)
[F5]
Exercise: $128.38From: 2016-02-24Exp: 2025-02-24→ Common Stock (47,375 underlying)
47,375
Stock Option (right to buy)
[F6]
Exercise: $102.22From: 2017-02-23Exp: 2026-02-23→ Common Stock (88,945 underlying)
88,945
Stock Option (right to buy)
[F7]
Exercise: $118.71From: 2018-02-28Exp: 2027-02-28→ Common Stock (69,025 underlying)
69,025

Footnotes (9)

[F1]Shares of commons tock acquired pursuant to the payout of a performance share unit grant made on February 24, 2015 (the "PSU").
[F2]Includes unvested restricted stock units.
[F3]Shares of common stock withheld from the PSU payout to cover tax withholdings.
[F4]The PSU Paid out on February 26, 2018 and the number of shares awarded and paid out was determined based upon the average annual return on capital ("ROC") of Praxair, Inc. from 2015-2017 measured against ROC goals set by the Compensation and Management Development Committee of the Board of Directors when the PSU was granted in 2015.
[F5]This option became exercisable in three (3) equal annual installments beginning on the first anniversary of the date of grant.
[F6]This option vests over three years in three consecutive equal annual installments beginning on February 23, 2017.
[F7]This options vests over three years in three consecutive equal annual installments beginning on February 28, 2018.
[F8]Conversion to Praxair Common Stock is on a 1-for-1 basis.
[F9]Deferred stock units acquired under the Praxair, Inc. Compensation Deferral Plan as amended ("Deferral Plan") and are to be settled in Praxair Common Stock.

Signature

Anthony M. Pepper, Attorney-in-Fact|2018-02-28

Documents

1 file